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INDIVIDUALS

INDIVIDUALS Personal Tax essentials Get a tax file number (TFN) Keep records Residency Status – Arriving in Australia Work out what you can claim You have changed jobs during the year Lost a job or received a payout Family Tax Benefit You studied during the year...

TESTAMENTARY TRUSTS

TESTAMENTARY TRUSTS With the growing emphasis on wealth distribution, willmakers are now giving thought to the establishment of testamentary trusts through their wills. The concept of the testamentary trust to deal with estate assets is not a new concept, but is one...

FAMILY TRUST. WHAT IS IT?

FAMILY TRUST. WHAT IS IT? Lets look at what a “Family Trust” is A Family Trust is one of the most common small business structures in Australia. Unlike, say a Unit Trust, you establish a Family Trust to benefit the members of a family. Family Trusts...

QUESTIONS & ANSWERS ON FAMILY TRUSTS

QUESTIONS & ANSWERS ON FAMILY TRUSTS Can I trade in the trust? Yes provided a Family Trust Deed allows you to do such things as purchase, sell, trade, run a business in all commercial activities (ie. all types of property purchase/sale, share trading, business...

INDIVIDUAL TAXATION RETURN CHECKLIST

INDIVIDUAL TAXATION RETURN CHECKLIST The following checklist is used for clients who come to our office for an appointment bring the relevant documents to complete their taxaxtion return. Related Files: 2008_Individual_Checklist.doc This article is not a substitute...